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The magnetic tape market will grow at a CAGR of 7.6% and reach a value of $6.52 billion by 2022. For magnetic tape market report https://bit.ly/2P0SpTw<br> For free sample report : https://bit.ly/2OoiFYz
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Description Magnetic tape is a material that is mainly used for storing of data. This technology created a revolution in data storage, broadcasting, and recording markets. The primary and the most common need for this material is data storage along with various other uses such as in packaging solutions and consumer appliances.Report Link: https://www.infoholicresearch.com/report/magnetic-tape-market-trends-and-forecast-to-2022/
Market Growth According to Infoholic Research, the global magnetic tape market is expected to grow at a CAGR of 7.6% during the forecast period 2016–2022 to reach $6.5 billion by 2022.
Research Methodology The Magnetic Tape Market has been analyzed by utilizing the optimum combination of secondary sources and in-house methodology along with an irreplaceable blend of primary insights.
Key Market Insights Magnetic tape is a medium for magnetic recording, which is made of a thin, magnetizable coating on a long, narrow strip of plastic film, developed in Germany in 1928, based on magnetic wire recording. It was a key technology in early computer development, allowing unparalleled amounts of data to be mechanically created, stored for extended periods, and easily accessible. The increasing concern toward data theft and loss in the enterprises is a promising growth potential for the magnetic tape market, and it has the maximum demand. The market has an advantage of bigger share coming from the US and European countries for the advanced technology. The synthetic rubber and PVC-based magnetic tapes are expected to remain as materials covering almost the complete market with significant drive coming from developing economies as well. Some of the key players in the magnetic tape market are 3M, Toshiba Corporation, TDK Corporation, Hitachi Metals Ltd., etc.
ReportScope • Base Materials • Synthetic Rubber • PVC • Others • End-users • Data Storage • Packaging & Labeling • Consumer Appliances • Others • Regions • North America • Europe • Asia Pacific • Rest of the World
Table of content 1 Report Outline 2 Executive Summary 3 Market Positioning 4 Market Outlook 5 Market Characteristics 6 By Type: Market Size and Analysis 7 Application: Market Size and Analysis 8 Regions: Market Size and Analysis 9 Companies to watch for 10 Competitive Landscape 11 Expert’s Views 12 Annexure
Methodology • Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps: • Data Collation (Primary & Secondary) • In-house Estimation (Based on proprietary data bases and Models) • Market Triangulation • Forecasting
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